Baytex Energy calls 9.15% series A senior debentures for redemption

By Ashley Montgomery

Kansas City, Kan., July 19 - Baytex Energy Corp. will redeem its 9.15% series A senior unsecured debentures due Aug. 26, 2016, according to a news release.

The debentures will be redeemed on Aug. 26 at 104.575.

The company said it would fund the redemption with a draw on its credit facilities.

The Calgary, Alta.-based issuer is a conventional oil and gas income trust engaged in the acquisition, development and production of oil and natural gas in the Western Canadian Sedimentary Basin.

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